Local Corporations Aggressively Investing in Digital Sector

Local corporations are competing to disburse funds to the digital sector, to be used to develop internal capacity and support technology start-ups.

PT Astra International Tbk (Astra), yesterday (13 Feb.) announced investment of US$ 150 million (Rp 2 trillion) to PT Go-Jek Indonesia (Go-Jek). Nadiem Makarim, Founder and CEO of Go-Jek, said Astra’s investment was the largest so far.

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